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Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2018

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The following table sets forth the computation of basic and diluted earnings per share attributable to VPG stockholders (in thousands, except earnings per share):

	Years ended December 31,
	2018				2017				2016
Numerator:
Numerator for basic earnings per share:
Net earnings attributable to VPG stockholders	$	23,646			$	14,345			$	6,404
Adjustment to the numerator for net earnings:
Interest savings assuming conversion of dilutive exchangeable notes, net of tax	6				24				18
Numerator for diluted earnings per share:
Net earnings attributable to VPG stockholders	$	23,652			$	14,369			$	6,422
Denominator:
Denominator for basic earnings per share:
Weighted average shares	13,439				13,262				13,187
Effect of dilutive securities:
Exchangeable notes	22				145				181
Restricted stock units	74				64				51
Dilutive potential common shares	96				209				232
Denominator for diluted earnings per share:
Adjusted weighted average shares	13,535				13,471				13,419
Basic earnings per share attributable to VPG stockholders	$	1.76			$	1.08			$	0.49
Diluted earnings per share attributable to VPG stockholders	$	1.75			$	1.07			$	0.48

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

Diluted earnings per share for the periods presented do not reflect the following weighted average potential common shares, as the effect would be antidilutive (in thousands):

	Years ended December 31,
	2018			2017			2016
Weighted average employee stock options	—			—			18

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- References

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- Definition

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

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